The latest industry reports are out for January and the traffic declines in brick and mortar continue and in some cases are accelerating. RetailNext reported traffic declines of 9.3% over last year in January which was an improvement on the -13.4% decline in December. Traffic declines are the new norm in brick and mortar…
Category: Uncategorized
In short…it will cost retailers more money in payroll without any positive impact on sales or productivity. The Rule Change In March 2014, President Obama directed the Department of Labor (DOL) to update the Fair Labor Standard Act of 1938 (FLSA) overtime protections with the goals of raise middle-class wages, increase the number of…